Featured News

The IRS has introduced a draft version of the 2026 Form W-2, which includes new fields to accommodate tax exemptions on tips and overtime income under the One Big Beautiful Bill Act.

New research indicates that the influence of corporate tax leaders is at an all-time high, with 90% saying they’re regularly invited to weigh in on business decisions.

The IRS announced that interest rates will remain unchanged for the fourth quarter of 2025, effective Wednesday, Oct. 1.

New FAQs from the IRS provide guidance on several energy credits and deductions that are expiring under the One Big Beautiful Bill Act (OBBBA) and their termination dates.

A new report from the Treasury Inspector General for Tax Administration said the IRS should be more transparent in communicating its telephone service metrics.

A recent survey found that half of Generation Z thinks artificial intelligence will automate more of their work, but 92% are confident in their ability to adapt to AI advancements in their fields.

The IRS issued proposed regulations that would modify partnerships’ reporting obligations for Part IV of Form 8308 concerning sales or exchanges of certain interests in partnerships owning inventory or unrealized receivables.

A new study of U.S. small businesses found that celebrating wins, whether big or small, is associated with improved business outcomes and revenue.

The IRS is shutting down its self-service kiosk program at Taxpayer Assistance Centers after learning that several of the computer terminals were unusable.

The IRS's Independent Office of Appeals issued internal guidance reminding employees to share a copy of the Appeals case memorandum with taxpayers who make an informal request.